Partner Seth Lieberman Quoted on High Court’s Arkison Ruling
Seth Lieberman, member of Pryor Cashman’s Bankruptcy, Reorganization and Creditors’ Rights Group, was quoted in a Law360 article entitled "Lawyers Weigh in on High Court’s Arkison Ruling."
The article highlights the opinions of several attorneys on the significance of the U.S. Supreme Court’s confirmation of the Ninth Circuit ruling that permits bankruptcy judges to make recommendations on certain matters that may later be adopted by a federal court.
According to Lieberman, "The Supreme Court’s decision appears consistent with what many bankruptcy courts already have implemented by way of practice. When presented with a Stern claim, a bankruptcy court will issue proposed findings of fact and conclusions of law, with the district court then reviewing the claim de novo and entering judgment."
To read the article in its entirety, please click here .
